Drinks firm says it will wait and see before investing in marijuana after its profits rise
Diageo, the drinks firm behind Guinness and Johnnie Walker whisky, said it was keeping one eye on the North American cannabis industry, as soaring gin and tequila sales helped boost profits.
Pretax profit rose by 12% to £4.2bn on the back of sales that were nearly 6% higher at £12.9bn, triggering plans to return £4.5bn to shareholders over the next three years.
